04 Jun 2012Business

Sensex drops 183 points on global cues, Tokyo markets hit 28-year low

Sensex opened in the negative territory as sentiment turned bearish in global markets.MUMBAI: The Sensex opened in the negative territory as sentiment turned bearish in global markets following poor US jobs data and concerns of a slowdown in China. All sectoral indices were in the red with capital goods, metals, banks and technology stocks leading the declines.At 09:40 a.m., the Sensex was at 15,781.63,...

Source : Times Of India | 352 Day(s) AgoCategory : Business

Dhaka stocks slide after ride : bdnews24

Brent crude falls to 16 month low on bleak data : Livemint

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Prokerala

Sensex slides 156.93 points; consumer durables, realty stocks down

for Indian equities markets fell 0.98 percent Monday around 12.30 p.m., led by selling pressure in consumer durable, realty and fast moving consumer goods (FMCG) stocks.(BSE), was ruling at 15,808.23 points - 156.93 points or 0.98 percent down from its previous close at 15,965.16 points.The Sensex touched a high of 15,868.16 points and low of 15,748.98 points in the intra-day trade.There was a heavy...

Source : Prokerala | 352 Day(s) AgoCategory : Business

Markets bounce back from 5-month low on rate cut hopes, oil prices : DNA

Markets end tad higher led by oil shares : Rediff

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RBI hints at easing interest rates

accountstoday hinted at cut in interest rates, saying moderation in inflation due to lower economic growth and cooling global oil prices provide room for easing monetary policy.".. the growth is somewhat lower than expectation and that may have positive, moderating impact on core inflation,"" oil prices have come off somewhat more than expected. Those are the two factors that suggest more room (for...

Source : Times Of India | 352 Day(s) AgoCategory : Business

RBI likely to cut interest rates : Tara TV

Low growth oil prices give RBI room to adjust interest rates Gokarn : Newkerala

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BBC

Dialling a new era

Approval of the New Telecom Policy (NTP) by the Cabinet on May 31 gave the Indian telecom sector something to cheer about as it has been embroiled in a number of controversies recently. The telecom sector is a key contributor to the Indian GDP and it is widely expected that the sector’s contribution will increase if the policy is implemented quickly and efficiently. While abolition of roaming charges...

Source : Asianage | 352 Day(s) AgoCategory : Business

Tough time for Asian banks to meet liquidity rules: KPMG : Moneycontrol

Asian banks to have tough time meeting liquidity rules KPMG : Livemint

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MF Global trustee - Corzine mismanaged firm's growth

(57.8 million pounds)...

Source : International Business Times | 352 Day(s) AgoCategory : Business

MF Global trustee: Corzine mismanaged firm's growth : International Business Times

MF trustee Corzine mismanaged growth of firm : International Business Times

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Bloomberg

Global economy at risk as US, Europe and Asia growth slow

Already hobbled by Europe's debt crisis, the world now risks being hurt by slowdowns in its economic powerhouses.The U.S. economy, the world's largest, had a third straight month of feeble job growth in May. High-flying economies in China, India and Brazil are slowing, too.Fears of a global economic downturn have sent investors rushing toward the safest possible investments: U.S. and German government...

Source : The Economic Times | 352 Day(s) AgoCategory : Business

BBC Radio 2 declares Beatles as the biggest selling singles act : Real Bollywood

Gujarat Coming Forth as Global Hub for Automotive Sector says Narendra Modi : Cardekho

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China service sector growth slows

Non-manufacturing sectors such as construction have also played a key role in China's growthChina's services sector, which includes construction, saw its pace of growth slow in May adding to fears about a slowdown in China's economy.The non-manufacturing purchasing manager's index (PMI) dropped to 55.2 in May from 56.1 in April.The news comes just days after Beijing reported a sharp drop in activity...

Source : BBC | 352 Day(s) AgoCategory : Business

China services growth slows down in May : Khaleej Times

Fears of further slip : Telegraphindia

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Oil Drops Below $82 After Weak US, China Data

Crude oil prices declined for the fifth day Monday as sentiment was dampened after reports indicated a slowdown inLight sweet crude for July delivery declined 1.66 percent to $81.57 a barrel, the lowest level since October, in electronic trading on theMercantile Exchange during European trading hours. Brent crude oil futures for July delivery plunged 2.47 percent to $96.03 a barrel, the lowest level...

Source : International Business Times | 352 Day(s) AgoCategory : Business

Global shares head lower as world slowdown fears grow : International Business Times

Economic fears drive oil prices to eight month low gas prices fall : Los Angeles Times

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PM hopeful despite 'testing times' for economy

Citing uncertainties in global economy and rising oil prices due to tensions with Iran,on Monday said India is facing "difficult times" but exuded confidence that the "testing" period would be overcome.Addressing the Congress Working Committee (CWC) meeting, he said that despite the international slowdown, India's growth was 7Referring to the challenges facing the government, he said there were un...

Source : Business Today | 352 Day(s) AgoCategory : Business

Indirect tax collection target will be met: Pranab Mukherjee : Business Today

Pranab Mukherjee confident of meeting indirect tax collection target : DNA

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US factory orders decline again

orders at US factories have fallen for the second month in a row, adding to evidence that the world's largest economy is weakening.The Commerce Department said orders for manufactured goods fell 0.6% in April, after falling a downwardly revised 2.1% in March.Orders for capital goods - expensive items such as communications equipment and computers - fell 2.1% after a 2.3% decline in March.It was the...

Source : BBC | 352 Day(s) AgoCategory : Business

Factory orders fall in April for second straight month : Los Angeles Times

Factory orders post surprise fall in April : International Business Times

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